Deposits pages now live on HSH.comby Tim Manni
For a while now, plenty of our visitors have been asking us if HSH.com has CD rates available. We’re pleased to announce that HSH.com now has three new pages on our website dedicated to certificates of deposit (CDs), money market accounts and high-yield savings accounts.
CDs offer a fixed interest yield in exchange for a commitment to keep your deposits in the bank for a set period, known as a term. You can find a wide range in CD terms, from as little as one month to as long as five years or more. CDs are a safe investment choice because deposits held with FDIC member banks will be covered by FDIC deposit insurance of $250,000 per individual per institution. You can now visit HSH.com to find and compare the CD rates.
Money Market Accounts
A money market account typically requires a higher minimum balance than a traditional savings account to open the account and/or to avoid maintenance fees. In addition, there may be some restrictions on the number of transactions you can perform each month for free. The upside is that money market rates are, on average, higher than savings account rates.
Unlike its commonly confused cousin, the money market fund, a money market account is covered by FDIC insurance at member banks. Money market accounts are therefore a safe place to keep balances up to the FDIC limits.
High-yield savings accounts
Even seemingly small differences in savings account interest rates add up over time through compounding. No matter if you want your savings account for retirement funds, home ownership funds or just extra cash, it pays to compare the savings rates on HSH.com and open a new account with a market leader.
Where can I find these pages?
Finding these new pages on HSH.com is easy. Simply hover over the “Compare Rates” tab at the top-left of our website, and in the drop-down menu and you will find these three new pages under the “Bank Rates” section.
Readers: We want to hear your feedback on these new pages — have any suggestions on ways we can improve these pages? Let us know!